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Shandong Zhangqiu Blower Co (SZSE:002598) Change In Receivables : ¥0 Mil (TTM As of Jun. 2024)


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What is Shandong Zhangqiu Blower Co Change In Receivables?

Shandong Zhangqiu Blower Co's change in receivables for the quarter that ended in Jun. 2024 was ¥0 Mil. It means Shandong Zhangqiu Blower Co's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Shandong Zhangqiu Blower Co's change in receivables for the fiscal year that ended in Dec. 2023 was ¥-179 Mil. It means Shandong Zhangqiu Blower Co's Accounts Receivable increased by ¥179 Mil from Dec. 2022 to Dec. 2023 .

Shandong Zhangqiu Blower Co's Accounts Receivable for the quarter that ended in Jun. 2024 was ¥836 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Shandong Zhangqiu Blower Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 160.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Shandong Zhangqiu Blower Co's liquidation value for the three months ended in Jun. 2024 was ¥-173 Mil.


Shandong Zhangqiu Blower Co Change In Receivables Historical Data

The historical data trend for Shandong Zhangqiu Blower Co's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shandong Zhangqiu Blower Co Change In Receivables Chart

Shandong Zhangqiu Blower Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.52 -132.19 -242.42 -153.82 -178.74

Shandong Zhangqiu Blower Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Shandong Zhangqiu Blower Co Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shandong Zhangqiu Blower Co  (SZSE:002598) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Shandong Zhangqiu Blower Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=835.893/475.076*91
=160.55

2. In Ben Graham's calculation of liquidation value, Shandong Zhangqiu Blower Co's accounts receivable are only considered to be worth 75% of book value:

Shandong Zhangqiu Blower Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=419.729-1437.093+0.75 * 835.893+0.5 * 434.24
=-173

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


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Shandong Zhangqiu Blower Co Business Description

Traded in Other Exchanges
N/A
Address
Mingshui Economic Development Zone, Shandong Province, Zhangqiu City, CHN, 250200
Shandong Zhangqiu Blower Co Ltd operates in general equipment manufacturing industry. The products of the company include roots blowers, multi stage centrifugal blowers, and fans.
Executives
Liu Xin Quan Supervisors
Niu Yu Sheng Directors, executives
Fang Shu Peng Directors, executives
Fang Run Gang Director
Xu Chun Dong Executives
Wang Chong Pu Directors, executives
Gao Ke Supervisors
Zhang Ying Qi Directors, executives
Gao Yu Xin Directors, executives
Xi Ji Xiang Executives
Bai Ze Kui Executives
Chen Chao Secretary Dong
Liu Shi Hua Director
Zhu Wen Bo Director
Shen Neng Yao Executives

Shandong Zhangqiu Blower Co Headlines

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